Started May 03, 2019 04:00PM UTC   •   Closing Nov 01, 2019 06:59AM UTC

Before 1 November 2019, will Moody's downgrade The Boeing Company's long-term credit rating and/or change its outlook to negative?

After two crashes of Boeing 737 MAX-8s, the global fleet of 737 MAX aircraft was grounded while investigations proceeded (https://www.bbc.com/news/world-africa-47553174). Boeing later announced that it would cut 737 MAX production in April. In this context, Moody's stated that "'cash flow pressures will mount' if the fleet is grounded longer than four months" (https://www.washingtonpost.com/business/2019/04/08/boeing-stock-slips-after-max-production-cut/, https://www.reuters.com/article/boeing-rating-moodys/moodys-says-ethiopia-crash-wont-affect-boeing-rating-at-this-time-idUSL8N2114XH, https://www.moodys.com/research/Moodys-assigns-A2-ratings-to-Boeings-new-unsecured-notes--PR_399888 (scrolling down and clicking "I Agree" required).

Name Probability
Yes 26%

Sign up or sign in to forecast!

Sign Up Sign In